Infrastructure Capital Equity Income Fund ETF·Financial Services

Assets in options-overlay strategies surpassed $100 billion in 2025, as investors chased headline yields of ten, twelve, even fifteen percent. Yield and value preservation are often at odds in covered call strategies. Rather than writing options on its entire portfolio, ICAP covers only thirty to forty percent of its holdings with call options.

TP ICAP reported a 3.6% jump in annual pre-tax profit on Thursday, driven by volatile markets last year and strong performance in its global broking and Liquidnet electronic trading divisions.

JEPI's yield proved highly sensitive to volatility, dropping from +11% in 2022 to an average of ~8% as market swings subsided. ICAP (8.7% yield) demonstrated superior reliability, increasing its monthly distribution from $0.18 to $0.2891/month by early 2026. Unlike JEPI's heavy reliance on derivatives, ICAP utilizes a mix of dividend-paying common stocks, preferred equity, and targeted options.
The Fund seeks to achieve high yield by investing at least 80% of its net assets in a diversified portfolio of equity securities of companies that pay dividends.
Financial Services
Asset Management
2021-12-29
1.06
Market Peers





